SDL, page-183

You are wrong. pls. read the latest Inverstor presentation (August 2017).

For stage 1 is the cost about 28USD (including the final costs for shipping the ore to China!).

In Mbarga are about 154Mt of DSO (direct shipping ore / Hematite) for stage 1. This should bring a Profit of (oreprice-28USD) x 154 Mt; currently: (76-28)x154 = 7.4Billion USD, only profit!!
Additionally are in Mbarga about 1846Mt Itabirite/Hematite (about 33%Fe) as indicated ressource and about 2078Mt as inferred ressources reported. If there will be costs of about 40-50USD/t you can Count yourself, what ther real value for Cam-iron should be.

For the Rundance value is Congo-iron on top (also a very big Profit possible)!!

Yes, if you like to buy some more cheap Sundance Shares, you can try to Count the possible Profit small or negative aspects. but the figures are true!!

We'll see.